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Coin Center argues that the growing number of no-action letters has led to a fragmented regulatory landscape, resulting in uneven treatment of market participants. This can be a major obstacle to the development of the cryptocurrency market, as companies may face different regulatory requirements, creating an uneven playing field. By prioritizing rulemaking, the SEC can establish clear and consistent guidelines for the industry, promoting a more cohesive and equitable regulatory environment. This approach is key to creating a stable and predictable framework, which is essential for the growth and maturity of the cryptocurrency market. The benefits are clear: by adopting a rulemaking approach, the SEC can provide greater clarity and certainty for market participants. This, in turn, can contribute to the development of a more robust and resilient cryptocurrency ecosystem. A rulemaking-based approach can also help mitigate the risks associated with the current no-action letter system, where regulatory guidance is often provided on a case-by-case basis. This &hellip;<\/p>","protected":false},"author":1,"featured_media":2800,"comment_status":"open","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[366],"tags":[],"class_list":["post-2801","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/chaincapital.news\/ja\/wp-json\/wp\/v2\/posts\/2801","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/chaincapital.news\/ja\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/chaincapital.news\/ja\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/chaincapital.news\/ja\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/chaincapital.news\/ja\/wp-json\/wp\/v2\/comments?post=2801"}],"version-history":[{"count":0,"href":"https:\/\/chaincapital.news\/ja\/wp-json\/wp\/v2\/posts\/2801\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/chaincapital.news\/ja\/wp-json\/wp\/v2\/media\/2800"}],"wp:attachment":[{"href":"https:\/\/chaincapital.news\/ja\/wp-json\/wp\/v2\/media?parent=2801"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/chaincapital.news\/ja\/wp-json\/wp\/v2\/categories?post=2801"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/chaincapital.news\/ja\/wp-json\/wp\/v2\/tags?post=2801"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}